A local bike shop has had an older Koga-Miyata 'Terraliner' frame in its window for two or more years now. It's steel ("Splined/FM-1 tubing"?), simple straight tubes and lugs with no ovalized shapes, basic red and black color scheme. Looks nothing like the frame for this year's K-M Terraliner. Canti brake bosses, all the little eyelets, spoke holder, etc. The only strange thing is the internal routing of the rear brake line, but I guess this typical for this era K-M bike (it's on a co-worker's 'World Traveller' frame of similar style).
The frame looks clean, never built up. They're asking $400 US.
The frame would be to replace a Bridgestone XO-5 frame I found on the street. I use the bike for road and light/medium off-road trips with light camping set-ups and birding optics/photo gear- 20- 40 pound loads most likely.
Anybody have experience with this frame? Opinions on the price?
Agree. $400 is waaaaay too much. I recently sold a NOS Koga-Miyata Prologue frameset with Miyata proprietary triple-butted tubing for $125. It was NOS and basically brand new. I wouldn't offer much more than that.